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Nearly 400,000 FTX users risk losing $2.5 billion in repayments


Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process.Roughly 392,000 FTX creditors have failed to complete or at least take the first steps of...

Nearly 400,000 FTX users risk losing $2.5 billion in repayments


Nearly 400,000 creditors of the bankrupt cryptocurrency exchange FTX risk missing out on $2.5 billion in repayments after failing to begin the mandatory Know Your Customer (KYC) verification process.Roughly 392,000 FTX creditors have failed to complete or at least take the first steps of...

Backpack opens claims process for former FTX EU users


Crypto exchange Backpack has initiated the first phase of the claims process for former FTX users in Europe.According to an April 1 announcement, users will need to create an account on the exchange, submit Know Your Customer information, and connect it to their FTX EU claim account.Backpack...

Backpack opens claims process for former FTX EU users


Crypto exchange Backpack has initiated the first phase of the claims process for former FTX users in Europe.According to an April 1 announcement, users will need to create an account on the exchange, submit Know Your Customer information, and connect it to their FTX EU claim account.Backpack...

Coinbase sees worst quarter since FTX collapse amid industry bloodbath


Publicly traded US-based crypto exchange Coinbase saw its worst quarter since the collapse of crypto exchange FTX in 2022.Coinbase shares started 2025 trading at just over $257 on Jan. 2 and ended the quarter at a little over $172 on March 31, a dip of 33%, according to market data.This makes...

Coinbase sees worst quarter since FTX collapse amid industry bloodbath


Publicly traded US-based crypto exchange Coinbase saw its worst quarter since the collapse of crypto exchange FTX in 2022.Coinbase shares started 2025 trading at just over $257 on Jan. 2 and ended the quarter at a little over $172 on March 31, a dip of 33%, according to market data.This makes...

FTX Estate to Begin Repaying Main Creditors $11.4B in Cash by May 2025


The bankrupt cryptocurrency platform FTX aims to initiate repayments to primary creditors by May 30, 2025, deploying an $11.4 billion liquidity pool amassed since its 2022 downfall, Bloomberg revealed this week. Bankrupt FTX Creditors to Receive Payouts Having sought Chapter 11 protection...

Prospective SEC chair pressed on sale of FTX-tied firm


Lawmakers in the US Senate Banking Committee questioned prospective Securities and Exchange Commission (SEC) member Paul Atkins on his ties to the crypto industry and how he might regulate digital assets if confirmed.Questioning Atkins at his nomination hearing on March 27, Massachusetts Senator...

Ex-FTX CEO moved to transit facility after interview


Officials with the Federal Bureau of Prisons have moved former FTX CEO Sam “SBF” Bankman-Fried to a transit facility days after right-wing political commentator Tucker Carlson interviewed him.As of March 27, the Federal Bureau of Prisons website showed Bankman-Fried was being housed...

FTX liquidated $1.5B in 3AC assets 2 weeks before hedge fund’s collapse


Newly revealed court documents show that FTX secretly liquidated $1.53 billion in Three Arrows Capital (3AC) assets just two weeks before the hedge fund collapsed in 2022. The disclosure challenged previous narratives that 3AC’s downfall was solely market-driven.Once valued at over...

US court gives Three Arrows nod to increase its FTX claim to $1.53B


A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion.Chief Judge John Dorsey rejected FTX’s debtors’ argument that the amended proof...

Sam Bankman-Fried Reflects on Life Behind Bars in Tucker Carlson Exclusive


The former FTX boss was sentenced to 25 years in the slammer for his role in the spectacular collapse of one of crypto’s largest exchanges. Tucker Carlson Sits Down with Sam Bankman-Fried for Candid Prison Interview Donning a brown jacket, a gray t-shirt, and sipping on a beverage from a white...

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